Month: July 2023

Let’s run through our Big 3 Squeeze watchlist to identify good-looking trade setups and names we’ll look to enter on a pullback. Stay tuned for more details on the Big 3 Squeeze this week!

When creating our watchlist, we’re looking at the Big 3 Buy and Sell signals on multiple timeframes, squeezes on multiple timeframes, and names trading in the buy zone around the 21 exponential moving average (EMA). This can help give us the green light for an A+ Big 3 setup.

We’ll review two of my favorite picks for the week on LCID and CRWD and other names that we’ll look to enter on a pullback like LYB and BA.

 

 

In the video above, I also give an update on our current open position on ADI, a call debit spread with August expiration opened in the Compounding Growth Mastery. See when we opened the trade in the Tweet below:

 

$ADI the cleanest setup I'm seeing so far today.

A+ label = green (squeeze + buy signal + trading at buy-zone)$BIDU $LYB $BA look great, just a lil extended for a fresh entry here. Watching $AFRM to see if the 4h squeeze can shape-up again as well.$SPX $QQQ $MSFT $TSLA $AAPL pic.twitter.com/MYKqOcpd4W

— Taylor Horton (@taylor_horton24) July 28, 2023

 

Stay Focused!

 

 

This week in my Compounding Growth Mastery, we’re 4 out of 5 on winning trades in $WMT (Walmart), $AFRM (Affirm), and $FCX (Freeport). I break down my new Big 3 Squeeze indicator in today’s video! Stay tuned for more updates on the release date.

I also review some of next week’s top Big 3 Squeeze setups in names like $CRWD and $LYB.

 

 

Check out my social posts below, and be sure to follow me on Twitter for more trade alerts like this one!

 

Trade closed ✅ solid 50%+ on the calls. On to the next one https://t.co/cTwC49eken

— Taylor Horton (@taylor_horton24) July 27, 2023

Stay Focused!

 

 

Let’s walk through some of my top squeeze picks with upside potential for the week.

We closed our WMT swing trade today for about a 50% return in the Compounding Growth Mastery as WMT hit our target near $160. There could still be room for further upside momentum, so we’ll look to reload on a pullback.

Watch the video below to see our newest trade opened on Freeport (FCX), an update on our open trade on CHK, and the potential trade setups on BIDU and PEP.

 

 

Check out my social posts below and be sure to follow me on Twitter for trade updates!

 

$WMT closed our swing for about +50% on the call this afternoon. Price got within about $0.50 of our $160 target, so we didn't wanna be 🐷s.

On to the next one! pic.twitter.com/eBXYELj53n

— Taylor Horton (@taylor_horton24) July 24, 2023

 

$FCX here's a snapshot of the setup when we took our entry earlier this morning.

Big 3 squeeze printing on the daily chart + buy signals. Looking for a move into $44ish (snagged the Aug expiration $40.5C @ 2.17) pic.twitter.com/3FSHNvcCe1

— Taylor Horton (@taylor_horton24) July 24, 2023

 

Stay Focused!

 

 

This week we experienced a rotation from technology stocks into healthcare, energy, and consumer staples. QQQ could show potential opportunities. If the Big 3 Squeeze histogram breaks under the zero line, QQQ could head under the daily 21 exponential moving average (EMA).

Remember that the NDX special rebalance is happening on Monday the 24th, which could make for an interesting week.

 

 

See my update on $QQQ here:

Update on this $QQQ chart from earlier.

Price gaped into H50 at open, but bulls failed to rip it through that level.

Now it's hanging out near LOD with an hourly B3 sell signal flashing. Feels like a spot where we can start drifting lower if bulls don't get it going quickly https://t.co/vfjOFVrMxW pic.twitter.com/5P9J4vysLd

— Taylor Horton (@taylor_horton24) July 21, 2023

Stay Focused!

 

 

Get a sneak peek into my Options room sessions in this special edition send! Watch the replay of my premium Options room session on Monday morning from 8:20 a.m. to 9:30 a.m. Central.

In the video below, I review the charts on my Big 3 watchlist, the overall indexes, and where I would want to open any new positions on my favorite squeeze setups.

 

 

See the names on my daily squeeze watchlist here:

Going to narrow this list down a bit, but here's some of the daily squeezes that caught my eye in the scans this morning:

– $GOOGL
– $AMAT
– $LRCX
– $MSFT
– $AMZN
– $RBLX
– $DE
– $MDT
– $ADI
– $VRTX
– $SHOP
– $HCA
– $SNOW
– $GD
– $BIDU
– $LULU
– $AZO
– $CRWD
– $ZM
– $XLV
– $CHWY

— Taylor Horton (@taylor_horton24) July 17, 2023

 

Personally, I’m looking to buy some of these names at one of the two buy zones, either the hourly 21 exponential moving average (EMA) or the daily 21 EMA.

Stay Focused!

Taylor Horton

 

 

 

An essential free tool I’ve been using is the ATR Trailing Stop. The combination of squeezes and the ATR Trailing stop shows opportunities in the current market with many nested squeezes setting up in big names.

In today’s video, I review a setup I took in Marathon Digital Holdings (MARA) using the ATR Trailing stop and other opportunities to look out for next week.

 

 

 

The Nasdaq 100 (NDX) will have a special rebalance effective on Monday, July 24th. The top names in the NDX like MSFT, AAPL, NVDA, AMZN, etc. collectively have too much weight in the index. Now, what we’re seeing is rotation within the QQQ.

Big money is selling the big tech names and buying the smaller names like AVGO, CSCO, and PEP. The question now is how long does the rebalancing take place?

In the video below, we’ll review the charts on the S&P 500 (SPX) as well as some good-looking setups that are shaping up.

 

 

Check out Raghee’s breakdown on Twitter here:

⚠️ #Nasdaq rebalancing is taking place on July 24th 👀@ragheehorner explains what this means and how this affects big tech names like $MSFT, $AAPL, $NVDA, $TSLA, $AMZN, $META, $GOOG, $GOOGL, and the overall market this month. $NDX $NQ_F

🌟 Simpler Members, check out the… pic.twitter.com/DZmrOKyT2R

— Simpler Trading (@simplertrading) July 10, 2023

 

Stay Focused!

 

 

 

The S&P 500 ($SPX) continues looking good into July. If they continue to head higher, great opportunities could unfold.

My Big 3 Indicator shows bullish signals on multiple time frames for Microsoft ($MSFT) with a daily squeeze. I bought calls with the Simpler Options Room members looking for the 2-hour squeeze to fire long to the upside and push toward $350.

One of my favorite stocks this year, Netflix ($NFLX), printed a brand-new daily squeeze and is consolidating nicely. Look out for that daily squeeze to potentially fire long and trigger a breakout to my target of $450.

 

 

This is the last day to get my Big 3 indicator for 30% off with Simpler Trading’s Fourth of July sale. Quickly identify more squeezes and A+ setups in the market here.

Stay Focused!